FIO/BTC (Mini Bear Flag?)💎Technical Analysis Summary💎
BINANCE: FIOBTC
-FIO has been rejected around 520s sat area
-The price fell back below the 0.5 Fib level
-It is currently consolidating and showing no sign of strength
-This could turn out a small Bear flag coming from a rejection point
-The potential target is a retest of swing support around 444s sat
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Fio
FIO/BTC (Broke Local Support)💎Technical Analysis Summary💎
BINANCE: FIOBTC
-FIO broke another key support area around 930s sat
-We know this coin is on a strong downtrend
-Making a series of lower highs and lower lows
-If the Bulls can't show up a fight against the Bears
-It will likely to go lower down to 760s sat range
-Before hitting the downward trendline of support
-So please be cautious entering a trade without any reversal sign
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FIO/USDT (Bullish Descending Channel?)💎Technical Analysis Summary💎
BINANCE: FIOUSDT
-FIO is forming a descending channel which is a reversal pattern
-This pattern is unconfirmed until broken to the upside
-Currently, the price is trying to retest the lower trendline support
-If FIO can form a base of support around the 0.1000s dollars
-And breaks the trendline resistance, that is a good Bullish sign
-The potential upside target is up to 0.14 dollars or higher
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✳️FIO Protocol [FIO/BTC] on Sept-10 #FIO $FIO #FIOBTCThe selling pressure of FIO was stopped at the 1400sts and built the Ascending Triangle to push the price up. The next target is the 2000sts area and this is a very important area in determining the future of the FIO.
In my opinion, it is still too early for the FIO, the FIO will continue to rise sharply to the 2600sts or higher in the coming months.
Private Signal :
FIOBUSDFIOBUSD
2H:
-Above 20EMA and soon 50EMA
-RSI Gearing up
-STOCH Still rising
-Can give us decent profits minimum of 10% up to 40%
-Got listed on BINANCE a week ago and every new listing (New Coin) on BINANCE always PUMPS HARD
Entry: 0.2655
TP: 0.2950, 0.3170, 0.3398, 0.3634, 0.3803
SL: 0.2508